v3.26.1
Note 5 - Intangible Assets
9 Months Ended
Jun. 30, 2026
Notes to Financial Statements  
Intangible Asset [Text Block]

NOTE 5  INTANGIBLE ASSETS

 

Intangible Assets

 

Intangible assets consisted of the following as of:

 

  

June 30,

  

September 30,

 
  

2026

  

2025

 

Trademark related to cbdMD

 $21,585,000  $21,585,000 

Trademark for HempMD

  50,000   50,000 

Technology Relief from Royalty related to DirectCBDOnline.com

  667,844   667,844 

Tradename related to CBD MD limited mark

  368,000   368,000 

Tradename related to DirectCBDOnline.com

  749,567   749,567 

Customer relationships related to Bluebird

  363,895   - 

Intellectual property related to Bluebird

  103,000   - 

Accumulated impairment of intangible assets

  (17,504,000)  (17,504,000)

Accumulated amortization of definite lived intangible assets

  (4,404,660)  (3,791,909)

Total

 $1,978,646  $2,124,502 

 

Amortization expense related to definite lived intangible assets was $612,751 and $573,801 for the nine months ended June 30, 2026 and 2025, respectively.